Australian (ASX) Stock Market Forum

BMN - Bannerman Energy

Are people piling because they consider this the next Paladin in the making? They missed the last gravy train perhaps they don't want to miss another.
 
not to say BMN is a bad stock or anything, but I sold out today 2.31,

i think it will keep going up personally but made profits and sold out and going to switch to another junior which has future potential like DYL or even TOE
 
MalteseBull said:
not to say BMN is a bad stock or anything, but I sold out today 2.31,

i think it will keep going up personally but made profits and sold out and going to switch to another junior which has future potential like DYL or even TOE

I just want you to look at one think. The market cap of DYL. Plus consider the amount of news shares coming onto the market. DYL's market cap is huge compared to Bannermans. Not bagging DYL..but the future potential of Bannerman is still very much there.
 
Halba said:
who would sell this. still trading at 1/2 the value of the other stocks. still under valued

Agree.
In fact, who would sell if they think:
MalteseBull said:
it will keep going up personally

I personally sell when i think a stock will go down.

Each to his/her own.
 
I sold some 80 cents pre share split to free carry the rest at that price. Then I sold some post share split at 1.48. I guess a profit is a profit but I'm definately free carrying what I have left now..especially after some of the drilling results were revealed..I was just simply covering my initial investment earlier. Still some room left with this one. All the brokers are picking them only now. Lets wait for the rest of those assay results to see how things unfold.
 
Got them at 25c haven't sold a single share and trying to ride to the moon....I'm flogging this one till the end. When is the end? Either a takeover...uranium market dies....they find nothing from here on in...Chances of the last two are minimal.
 
Getting smacked this morning. A few sellers come in and start a avalanche..gets the momentum running. Probably a few punters who have gone in and don't know what the company is all about are running scared.
 
needs to hold above 2.10 to maintain the new, steeper uptrend line that started a couple of weeks back.
 
Rafa said:
needs to hold above 2.10 to maintain the new, steeper uptrend line that started a couple of weeks back.
Would have been very difficult to maintain that trajectory for much longer. Was a great run. As always happens stocks zig zag their way to new highs or lows. This is still generally heading up, but will have a few trips on the way. It may have started a new trend line, but the one in place from August might still prove to be the general direction of the stock. All the indicators were saying overbought, as most U stocks would have recently. Those who have bought for the fundamental reasons need to keep that in mind. Nothing has changed. Uranium spot is still at $72, and will probably keep climbing. Demand is going to outstrip supply, blah blah. This is just a general market reaction. Those that bought for a quick trade probably should have sold.
 

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Damn...
Why can't my steeper trendline hold :D :D :D
i'm barracking for it...

Yes, accurate summary of the situation kennas...
 
AARRRRRRGGGGGHHHHHHHH!!!!!!!


All the U stocks are bounding back...!!!

BMN's maintaining its steeper uptrend line...

What didn't i get more AGS this morning!!! :banghead: :banghead: :banghead: :banghead:
 
I like the steeper trendline to be honest :)

I think it might hold that steeper trendline in the short term if we get the results soon for the remaining 4 holes. The trend Kennas has given looks more the possibility though. Who could complain with that upward trend anyway eh! :p
 
Rafa said:
Damn...
Why can't my steeper trendline hold :D :D :D
i'm barracking for it...
I'm barracking too Rafa. Go BMN! GO!!! :D

I'm not sure if that will help right now though. :(

Wondering what the next news piece will be for a bit of a push.

Still 4 drill holes from those sent to the lab. They should be back soon. Hopefully ppm's around 500.
Drill program to commense mid Jan. That will be ann to keep focus on it.
U spot price might well rise again shortly......should be ok for sp.
Need general U phoria to continue too..
 
kennas said:
Still 4 drill holes from those sent to the lab. They should be back soon. Hopefully ppm's around 500.
Drill program to commense mid Jan. That will be ann to keep focus on it.
U spot price might well rise again shortly......should be ok for sp.
Need general U phoria to continue too..

Kennas we will definately get an assay result for hole GOA0012 at around 700ppm hit at 338 meters. I personally think that will keep the U phoria running hard for Bannerman
 
All my stocks are down today but as you say this is just because people are getting nervous but with Bannerman as you say Chris I bought into this because I really like the ground they are on and their proximity to Rio Tinto and Paladins mine there is a lot of potential here in the near future I am in this one for the long haul when I can make the big bucks cause i feel they are virtually guaranteed unless of some nuclear disater or war which I cant see happening so all the best guys. Cant wait for the next drill results info things should pick up then
 
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